What is the Evening Start Candlestick Pattern?

A candlestick pattern is a bearish reversal pattern consisting of three candles. The pattern begins with a long green (or white) candle indicating that buyers have control at #market . This is followed by a small candlestick, either bullish or bearish, at #opens and #closes within the body of the first candle. Small candlesticks indicate market indecision. The pattern ends with a long red (or black) candle, indicating that sellers have closed the market.

Traders and #investors interpret this pattern as a signal to go short or sell, anticipating a possible downtrend in the market. However, as with any candlestick pattern, the r pattern should be used in conjunction with other indicator analysis to confirm trading decisions